LICs retail offer for sale attracted strong investor interest, with the base retail issue subscribed 1.82 times. The governments 6.5% stake sale follows robust institutional demand and will help the insurer move closer to Sebis minimum public shareholding requirement.

The government will launch LICs offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest up to 6.5% through a base 2.5% offer and…

Government to sell 6.5% stake in LIC at ₹382/share, aiming to raise ₹31,000 crore for disinvestment fund.

MUMBAI/NEW DELHI: The govt is selling up to 6.5% in LIC, currently worth nearly Rs 35,000 crore ($3.7 billion) through the offer for sale (OFS) route that will be launched on…

The Centre has announced an Offer for Sale in Life Insurance Corporation of India. This issue will open for non-retail investors on Tuesday and retail investors on Wednesday. …

Government's stake sale in Life Insurance Corporation (LIC) saw strong participation from institutional investors in the first leg of the Offer-for-Sale (OFS), with nearly…

The government's Life Insurance Corporation share sale has garnered overwhelming attention from institutional investors, with bids amounting to an impressive Rs 36,400 crore…

LIC's 6.5% OFS attracted ₹36,400 crore in institutional bids on Day 1, paving the way for a ₹31,000 crore government stake sale.

MUMBAI: Govt on Tuesday opted to sell an additional 4% in LIC in the ongoing offer for sale (OFS) for the life insurance major as the issue was subscribed 3.3 times on the opening…

LIC shares rise 1.5% as the government opens its OFS for retail investors today, amid strong institutional demand.

LICs retail offer for sale attracted strong investor interest, with the base retail issue subscribed 1.82 times. The governments 6.5% stake sale follows robust institutional…

LIC's OFS raised over ₹31,000 crore, achieving two-thirds of FY27's budget estimates for Miscellaneous Receipts.